Nonprofit · EIN 91-6067062
NATIONAL EXCHANGE CLUB
Also known as 2254 WALLA WALLA
Tax-exempt · WALLA WALLA, WA 99362
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $51,715 | $56,109 | -$4,394 | $18,375 | $0 | $18,375 |
| June 30, 2024 | 990-EZ | $46,009 | $53,531 | -$7,522 | $22,769 | $0 | $22,769 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Membership dues
- $51,440
- Program service revenue
- $271
- Investment income
- $4
Expenses
- Compensation of officers, directors and key employees
- $1,780
- Salaries, compensation and benefits (total)
- $1,780
- Professional fees and payments to contractors
- $1,155
- Printing, publications and postage
- $192
- Other expenses
- $52,982
- Program services (functional)
- $56,109
Balance sheet and other
- Total assets, start of year
- $22,769
- Total assets, end of year
- $18,375
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,375
- Cash, savings and investments
- $18,375
- Gross receipts
- $51,715
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER SCHERMANN | TREASURER | 4 | $1,180 |
| JESSICA LONG | SECRETARY | 4 | $450 |
| BRUCE MOREHEAD | PRIOR SECRETARY | 0 | $150 |
| CHRIS CHRISTIANSON | PRESIDENT | 4 | $0 |
| JENALYNN MAHONEY | PRESIDENT ELECT | 4 | $0 |
| TOM OSBORN | VICE PRESIDENT | 4 | $0 |
| TERA DAVIS | DIRECTOR | 1 | $0 |
| CAILIN PRICE | DIRECTOR | 1 | $0 |
| JOE ERWIN | DIRECTOR | 1 | $0 |
| ANDREW PERRIN | DIRECTOR | 1 | $0 |
| KIM MCDANIELS | DIRECTOR | 1 | $0 |
990-EZ for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE MOREHEAD | SECRETARY | 4 | $600 |
| VALERIE BUCKLEY | PRESIDENT | 4 | $0 |
| CHRISTOPHER CHRISTIANSON | PRESIDENT-ELECT | 4 | $0 |
| KIM MCDANIELS | IMMEDIATE PAST PRESIDENT | 4 | $0 |
| JENALYNN MAHONEY | VICE PRESIDENT/DUCKY DERBY | 4 | $0 |
| HILLARY KLICKER | TREASURER | 4 | $0 |
| ANDREW PERRIN | PUBLIC RELATIONS | 1 | $0 |
| JIM BYRNES | YOUTH ACTIVITIES | 1 | $0 |
| JOE ERWIN | COMMUNITY ACTIVITES & FINANCE | 1 | $0 |
| MICHAEL JACOBSEN | AMERICAN CITIZENSHIP | 1 | $0 |
| TERA DAVIS | PROGRAMS | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 403, WALLA WALLA, WA 99362-0011
- In care of
- % HEATHER SCHERMANN
- Mailing address (990-N for 2022)
- PO BOX 403, WALLA WALLA WA 99362
- Principal officer (990-N for 2022)
- HEATHER SCHERMANN, PO BOX 403, WALLA WALLA WA 99362
- Signed the 990-EZ
- HEATHER SCHERMANN, TREASURER
- Phone
- (916) 662-2220
- Website
- WWW.WWEXCHANGECLUB.ORG
- Return prepared by
- Sutter Kunkle & Thompson PS
Mission
SEE SCHEDULE O
Program accomplishments
- SEE SCHEDULE 0Expenses $56,109
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 91-6067062
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1967
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 1097: THE NATIONAL EXCHANGE CLUB
- Assets (IRS master file)
- $18,375
- Income (IRS master file)
- $51,715
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $51,715 | $56,109 | $18,375 | XML |
| 990-EZ | June 2024 | $46,009 | $53,531 | $22,769 | XML |
| 990-N for 2022 Officer: HEATHER SCHERMANN | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: HEATHER SCHERMANN | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-6067062).
Questions about NATIONAL EXCHANGE CLUB
- What is the EIN of NATIONAL EXCHANGE CLUB?
- The employer identification number (EIN) of NATIONAL EXCHANGE CLUB is 91-6067062.
- Is NATIONAL EXCHANGE CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1967.
- Are donations to NATIONAL EXCHANGE CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL EXCHANGE CLUB file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL EXCHANGE CLUB due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL EXCHANGE CLUB last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of NATIONAL EXCHANGE CLUB?
- The 990-N for 2022 names HEATHER SCHERMANN.
- Who are the officers and directors of NATIONAL EXCHANGE CLUB?
- The 990-EZ for the year ended June 30, 2025 lists 11 people; 3 received compensation from the organization, the highest $1,180 (HEATHER SCHERMANN, TREASURER).
- How much revenue does NATIONAL EXCHANGE CLUB have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $51,715, expenses of $56,109 and total assets of $18,375 at year end.
Other nonprofits in WALLA WALLA
- WHITMAN COLLEGE BOARD OF TRUSTEES EIN 91-0567740 · last filed 990 for 2025
- COLUMBIA RURAL ELECTRIC ASSOCIATION INC EIN 91-0182816 · last filed 990 for 2024
- BLUE MOUNTAIN COMMUNITY FOUNDATION EIN 91-1250104 · last filed 990 for 2025
- INDEPENDENT ORDER OF ODD FELLOWS EIN 91-0577483 · last filed 990 for 2024
- BLUE MOUNTAIN ACTION COUNCIL INC EIN 91-0793597 · last filed 990 for 2025
- VALLEY RESIDENTIAL SERVICES EIN 91-1163446 · last filed 990 for 2024
- YOUNG MENS CHRISTIAN ASSOCIATION EIN 91-0580856 · last filed 990 for 2025
- TRI STATE STEELHEADERS EIN 91-1244161 · last filed 990 for 2024